Jake just quit his job as a shoe salesman and is looking for work as an accountant, which is what his college degree is in. Jake would be considered:

A. frictionally unemployed.
B. structurally unemployed
C. cyclically unemployed.
D. Jake is not in the labor force.

A. frictionally unemployed.

Economics

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The primary assets of money market mutual funds are

A) stocks. B) bonds. C) money market instruments. D) deposits.

Economics

The definition of cross elasticity of demand for two products X and Y is

a. percentage change in quantity of X demanded/percentage change in quantity of Y demanded. b. percentage change in price of Y/percentage change in quantity of X demanded. c. percentage change in price of Y/percentage change in price of X. d. percentage change in quantity of X demanded/percentage change in price of Y.

Economics